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1704 ECR

From: domainremoved <Peter>
Date: Sun, 23 Jun 2019 08:03:55 -0700

This is the very thin reed upon which the staff is recommending that the city provide millions of dollars of development benefits to this project:

"As previously noted, at the March 12, 2018 study session, the Planning Commission provided positive
direction that the proposed hotel’s inherent benefit of generating Transient Occupancy Tax (TOT) revenue
for the City on an on-going basis was sufficient as a public benefit in exchange for allowing the floor area
ratio (FAR) to be at the Public Benefit level, the Commission did not provide alternate direction to Staff at
the October 8, 2018 study session.”

Clearly reading the all the letters to the Council and the PC this thin reed does not stand up in the court of public opinion and the city would be wise not to have in adjudicated in a court of law.
Received on Sun Jun 23 2019 - 07:57:55 PDT

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